Australian neobank Volt raises $70m in Series C, aims IPO later this year

Volt Bank CEO Steve Weston

Australian neobank Volt Bank Limited (Volt) has raised $70 million in a Series C funding round, according to an announcement.

The round, that takes the total funding of Volt to $100 million in equity, has been oversubscribed by $10 million as its original target set for Series C was $60 million.

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